A View of the C

Funny – Inappropriate – Edumacational

Texas Governor Rick Perry: Businesses More Important Than Unemployed

Am I shocked? No. He’s a Republican. I’ll just leave it at that.

Texas Gov. Rick Perry on Thursday rejected $555 million in federal stimulus money that would expand state unemployment benefits, saying the money would have required the state to keep funding the expanded benefits after the stimulus money ran out.

Perry, an outspoken critic of President Barack Obama’s $787 billion stimulus bill, did accept most of the roughly $17 billion slated for Texas in the plan.

But he said the requirements attached to the federal stimulus money would require a change in the state’s definition of unemployment, expanding coverage to more people and placing more of the state’s tax burden on employers.

Perry’s decision comes despite warnings from Texas Workforce Commission Chairman Tom Pauken that the state’s unemployment compensation trust fund could be operating at a deficit by October. Pauken told lawmakers recently that insolvency might not be not far behind.

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March 13, 2009 - Posted by | Economy, Politics | , , ,

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